[Talk-us] Incorporation

[Andrew Ayre]

I took Serge saying:

"As discussed, we can incorporate as a corporate entity, get our EIN, 
and then work on the non-profit part"

to mean something different to what you just described. Sorry...

Andy

Kate Chapman wrote:
> Since we are going to incorporate as a non-profit the benefits of 
> incorporating in Delaware aren't as great as they would be if we were a 
> for profit business.  Our intention is to apply for tax exempt status 
> both federally and in the state or district that we do incorporate in.  
> 
> Thanks,
> 
> Kate
> 
> 
> 
> On Fri, Dec 4, 2009 at 12:41 PM, Peter Batty <peter.batty at gmail.com 
> <mailto:peter.batty at gmail.com>> wrote:
> 
>     As I've mentioned before, every lawyer I have ever talked to about
>     this has told me to incorporate in Delaware. My current company
>     Spatial Networking is based in Colorado but incorporated in Delaware
>     through a "registered agent" - you can find lots of these via Google.
> 
> 
>     On Fri, Dec 4, 2009 at 10:23 AM, Andrew Ayre <andy at britishideas.com
>     <mailto:andy at britishideas.com>> wrote:
> 
>         I believe that California will charge $800 per year income tax for
>         for-profit corporations even if you make a loss or no profit...
> 
>         A large number of Corporations in the US are incorporated in
>         Delaware
>         because my understanding is that they are very friendly towards
>         businesses and easy to deal with.
> 
>         Andy
> 
>         Serge Wroclawski wrote:
>          > There are two major "candidates" for incorporation at the
>         moment. The
>          > first is California, with the possible help of an attorney
>         that works
>          > with OSM International. Unfortunately this has been difficult
>         as the
>          > attorney is quite busy at the moment, and so asking him to do
>         more
>          > pro-bono work may be difficult going forward.
> 
>          > As discussed, we can incorporate as a corporate entity, get
>         our EIN,
>          > and then work on the non-profit part- part of which will be the
>          > mission statement and other documents we're working on at the
>         same
>          > time.
> 
>         --
>         Andy
>         PGP Key ID: 0xDC1B5864
> 
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> 
> 
> 
>     -- 
>     Peter Batty - President, Spatial Networking
>     W: +1 303 339 0957  M: +1 720 346 3954
>     Blog: http://geothought.blogspot.com
> 
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-- 
Andy
PGP Key ID: 0xDC1B5864